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First Internet Bancorp And Blackstone Announce $869M Sale Of Performing Single Tenant Lease Financing Loans To Vehicles Affiliated With Blackstone Real Estate Debt Strategies

Author: Benzinga Newsdesk | September 10, 2025 03:36pm

First Internet Bancorp (the "Company") (NASDAQ:INBK), the parent company of First Internet Bank (the "Bank"), and Blackstone (NYSE:BX) jointly announced today that the Bank has entered into an agreement to sell up to $869 million of performing single tenant lease financing loans to vehicles affiliated with Blackstone Real Estate Debt Strategies ("BREDS"). The Bank will retain customer-facing servicing responsibilities for all loans sold as part of this transaction.

Posted In: BX INBK


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